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Fed's Goolsbee: Next rate cut may take longer than expected due to economic uncertainty

Fed's Goolsbee: Next rate cut may take longer than expected due to economic uncertainty

CointimeCointime2025/03/26 06:55
By:Cointime

according to the Financial Times: Fed's Gursky warned that due to economic uncertainty, the next rate cut may take longer than expected. He said he believes that borrowing costs will "significantly decrease" in the next 12 to 18 months. If investors' expectations begin to converge with those of American households, the Fed will need to take action.

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